| Rank | BIB | Name | Year | Country | Club | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 50 | Sigurður Gunnarsson | 1950 | Iceland | Ármann | 01:06:07 (13K) 01:23:09 (17K) | 01:38:34 | 01:38:34 | |
| 2 | 81 | Páll Kristmundsson | 1946 | Iceland | 01:12:35 (13K) 01:31:43 (17K) | 01:50:13 | +11:39 | 01:50:13 | |
| 3 | 131 | Árni Aðalbjarnarson | 1953 | Iceland | 01:15:18 (13K) 01:35:21 (17K) | 01:53:29 | +14:55 | 01:53:29 | |
| 4 | 146 | Valtýr Sigurðsson | 1945 | Iceland | 01:16:57 (13K) 01:36:28 (17K) | 01:54:23 | +15:49 | 01:54:23 | |
| 5 | 40 | Teitur Jónsson | 1947 | Iceland | 01:19:12 (13K) 01:39:54 (17K) | 02:00:06 | +21:32 | 02:00:06 | |
| 6 | 115 | Konráð G Eggertsson | 1943 | Iceland | 01:21:58 (13K) 01:44:31 (17K) | 02:05:56 | +27:22 | 02:05:56 | |
| 7 | 114 | Halldór Margeirsson | 1942 | Iceland | 01:21:59 (13K) 01:44:56 (17K) | 02:05:59 | +27:25 | 02:05:59 | |
| 8 | 130 | Victor Zapolskiy | 1945 | Russia | 01:27:38 (13K) 01:50:13 (17K) | 02:11:25 | +32:51 | 02:11:25 | |
| 9 | 47 | Pål Brynjar Fløtten | 1947 | Norway | 01:28:00 (13K) 01:51:36 (17K) | 02:14:19 | +35:45 | 02:14:19 | |
| 10 | 70 | Óskar Kárason | 1953 | Iceland | SFÍ | 01:28:41 (13K) 01:51:44 (17K) | 02:14:53 | +36:19 | 02:14:53 |
| 11 | 162 | Skarphéðinn Pétur Óskarsson | 1951 | Iceland | 01:31:35 (13K) 01:56:05 (17K) | 02:17:48 | +39:14 | 02:17:48 | |
| 12 | 78 | Sveinn Finnbogason | 1952 | Iceland | 01:32:02 (13K) 01:56:55 (17K) | 02:18:39 | +40:05 | 02:18:39 | |
| 13 | 14 | Curtiss McLeod | 1945 | Canada | 01:36:23 (13K) 02:01:23 (17K) | 02:22:48 | +44:14 | 02:22:48 | |
| 14 | 23 | Veli Rautiainen | 1948 | Finland | 01:41:26 (13K) 02:08:42 (17K) | 02:33:09 | +54:35 | 02:33:09 | |
| 15 | 173 | Rúnar Jónsson | 1949 | Iceland | 01:52:19 (13K) 02:23:35 (17K) | 02:48:54 | +01:10:20 | 02:48:54 | |
| 16 | 16 | Brendon Hyde | 1945 | Australia | 02:34:31 (13K) 03:11:37 (17K) | 03:45:01 | +02:06:27 | 03:45:01 | |
| 17 | 33 | Guðjón Halldór Höskuldsson | 1950 | Iceland | Ullur | 00:00 |